Latest News

The Hang Seng closed 1,8% lower on Monday, the Korean Stock Exchange closed down nearly 4%, and stocks in Italy were down around 6% by the end of their trading day on Monday. Uncertainty surrounding the spread of COVID-19 continues to add volatility to markets worldwide. As investors turned to “safe-havens” in anticipation of further...

Generally, quantity and value mirror each other in positive and negative year-to-year changes. One notable difference was 2009, when the quantity of RP exports increased but the value declined. U.S. recovered paper exports peaked both in terms of quantity and value in 2011 at 21.1 million mt and $3.8 billion, respectively. Top 15 U.S. Paper...

(Washington, DC) – The Institute of Scrap Recycling Industries (ISRI) Board of Directors approved the addition of two new specifications to the ISRI Scrap Specifications Circular at its Winter Meeting on February 21, 2020: Inbound Residential Single Stream Specification: Inbound Residential Single Stream is the material derived from a recycling method whereby residents of a...

As per ISRI’s Member Alert, The Chinese Government has announced the intent to implement a new standards regime for imports of copper, brass, and aluminum derived from recycling, and the new standards were posted over the weekend. Although the system does not completely reopen the Chinese market to scrap trade, it is a major indication...

China continued to reshape the global nonferrous scrap market last year as U.S. copper & copper alloy scrap exports to mainland China plunged by two-thirds to just under 88,000 metric tons in 2019. For comparison’s sake, the U.S. exported nearly 688,000 tons of copper scrap to China in 2017. The surge in shipments to Malaysia...